MML 2.41% 85.0¢ medusa mining limited

Ann: Quarterly Report March 2015, page-15

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  1. 10,469 Posts.
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    MF

    "Forward PE 3/3.5 cannot be denied - exploration upside is big.

    Mill replacement alone is worth 200m plus.

    Mml is in takeover territory and or a s reaming buy on any metric?

    Are you able to verify any of the above comments?

    No way is the mill worth $200m. It has an annual milling capacity under 1 million tonnes and would cost a lot less than $200m. What did MML claim it would cost them to install the new 2500 tpd mill?

    What is a "reaming buy"?

    Who says forward PE is 3? has this analyst got rocks in their heads or are they assuming a USD POG of 2000?

    I know its late when you posted and possibly felt a bit mentally relaxed after having a nip or two, but please try to be reasonable.

    loki (I know what it is - the post was made in jest)
 
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